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Hanley Wood Purchases PROFESSIONAL DECK BUILDER Magazine and DeckExpoJune 30, 2006 - Hanley Wood, LLC announced today the purchase of PROFESSIONAL DECK BUILDER Magazine and DeckExpo from Dempsey Management Services. The magazine is a controlled circulation publication with 26,500 deck, dock and railing contractors, distributors, dealers and suppliers. DeckExpo, launched in 2003, is a 25,000 sq ft exhibition attracting 1700 decking contractors. PROFESSIONAL DECK BUILDER will join the Remodeling Group of publications under Group Publisher Rick Strachan. DeckExpo will be managed by Hanley Wood's Exhibitions Division under Rick McConnell, Vice President, Hanley Wood Exhibitions. "This is a valuable acquisition for Hanley Wood," says Strachan. "PROFESSIONAL DECK BUILDER is the only trade publication exclusively dedicated to the deck, dock and railing industry and the products and advertisers complement our existing publications." Deck building is a strong market segment, with approximately 33 million decks in the U.S. and 4% of households building or replacing a deck every year. DeckExpo and PROFESSIONAL DECK BUILDER are the official exhibition and magazine of the North American Deck and Railing Association. NADRA participates in the programming of the exposition by developing certification programs. NADRA and Hanley Wood have signed a 25-year long partnership agreement to continue these designations. "The acquisition of Deck Expo is a tremendous addition to Hanley Wood and the Exhibitions Division," says McConnell. "It validates our company's continued commitment to the building and construction industry and further broadens the scope of opportunities for our customers. DeckExpo is a strategic fit with our current shows – the Remodeling Show, International Pool & Spa Expo and the four annual JLC Live events." "We believe this is the best decision for the magazine, the show and for NADRA," says Terry Dempsey, President of Dempsey Management Services. "Hanley Wood's reputation is sterling and they are the leading publisher for construction pros." PROFESSIONAL DECK BUILDER will be located in Hanley Wood's Vermont office where JOURNAL OF LIGHT CONSTRUCTION and COASTAL CONTRACTOR are also based. The magazine will publish six times in 2007. DeckExpo will be located in Hanley Wood's Dallas office. The 2007 exhibition will take place in February 2007 at the Las Vegas Hilton. About Hanley Wood Hanley Wood, LLC, is the premier media company serving housing and construction. Through five operating divisions, the company produces award-winning magazines and Web sites, marquee trade shows and events, rich data and custom marketing solutions. The company also is North America's leading provider of home plans. Founded in 1976, Hanley Wood is a $240 million company owned by affiliates of JPMorgan Partners, LLC, a private equity affiliate of JPMorgan Chase & Co. SOURCE: Hanley Wood, LLC Back to Press Releases |
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The historical information presented may reflect the activities of the professionals of CCMP Capital Advisors, LLC (together with its affiliates, “CCMP Capital”) while they were members of J.P. Morgan Partners, LLC ("JPMP"), a private equity division of JPMorgan Chase & Co. prior to CCMP Capital's commencing operations. Nothing contained herein constitutes an offer to sell or a solicitation of an offer to purchase any investments or securities of any investment vehicles. © 2008 CCMP CAPITAL ADVISORS, LLC. All rights reserved. |
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